Elevator-Served Three-Story Affordable Apartment
For Sale
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10501 Wilmington Avenue, Los Angeles, CA 90002
Newly constructed apartment community with 26 units, including 24 one-bedroom units, plus elevator service and bicycle parking.
Property Size12,720 SF
Price / SF$481.53
Days on Market11
Property Features for 10501 Wilmington Avenue
General Information
Standard status
Active
Size
12,720 SF
Elevators
Yes
Property subtype
Multifamily
Units
Unit Mix
24 x 1BR, 2 x single
Multifamily Units
26
Additional Details
Sprinkler System
Yes
Amenities
elevator
short-term bicycle parking
long-term bicycle parking
Building Details
Year Built
2026
Buildings
1
Stories
3
Construction
Type VA
Listing Agency:
Colliers - Los Angeles - Woodland Hills, California
(818) 325-4142
Listed By:
Reza Ghobadi · License #01780045
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 5 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Woodland Hills, California
Investment Insights
Based on property information with market context.
New construction in 2026: a modern three-story affordable housing apartment community with a highly efficient stacked design and fully sprinklered Type VA construction. The property contains 26 residential units, including 24 one-bedroom units and 2 single units. Elevator service supports convenient vertical access, with short-term and long-term bicycle parking included on site.
The community is located at 10501 S Wilmington Avenue in a dense infill Los Angeles setting and is designated within Transit Oriented Communities (TOC) Tier 3. Eight units have already been leased, indicating initial rental demand and occupancy traction. The location is also described as a short walk to the soon-to-be expanded “Watts Towers Arts Center” campus, with 30,000 additional square feet of new park space planned for the community.
With elevator service, sprinklered Type VA construction, and a compact stacked unit configuration, the property is positioned for low-maintenance operations and contemporary resident amenities within a transit-oriented framework.
The community is located at 10501 S Wilmington Avenue in a dense infill Los Angeles setting and is designated within Transit Oriented Communities (TOC) Tier 3. Eight units have already been leased, indicating initial rental demand and occupancy traction. The location is also described as a short walk to the soon-to-be expanded “Watts Towers Arts Center” campus, with 30,000 additional square feet of new park space planned for the community.
With elevator service, sprinklered Type VA construction, and a compact stacked unit configuration, the property is positioned for low-maintenance operations and contemporary resident amenities within a transit-oriented framework.
Key Highlights
- 12,720 SF three‑story apartment community built in 2026
- 26 total units with 24 one‑bedroom units and 2 single units
- Fully sprinklered Type VA construction with highly efficient stacked design
Property Analytics
Current Use
Lease Details
26
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
Explore this area
Business Placement
Demographics for 90002, CA
53,150
Population
13,808
Households
3.8
Avg Household Size
30
Median Age
8%
College-Educated
53%
High-School Grad
3.0 sq mi
ZIP Area
17,717
Density / Sq Mi
$56,158
Median Household Income
$29,680
Median Earnings
$1,509
Median Rent
$502,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly constructed apartment community with 26 units, including 24 one-bedroom units, plus elevator service and bicycle parking.
Where is this apartment building located?
The property is located at 10501 Wilmington Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,125,000.
What are key features of this property?
This property features: 12,720 SF three‑story apartment community built in 2026; 26 total units with 24 one‑bedroom units and 2 single units; Fully sprinklered Type VA construction with highly efficient stacked design
